Edmonton State Bank to buy Sumner Bank and Trust
Edmonton Bancshares in Edmonton, Kentucky—parent of Edmonton State Bank—has agreed to buy Sumner Financial in Gallatin, Tennessee
Browsing: Mergers and acquisitions
LCNB to buy Cincinnati Bancorp
The $1.9 billion LCNB will pay $43.7 million in cash and stock for the $305 million-asset Cincinnati Bancorp.
MVB Financial, IFHI terminate merger
MVB Financial in Fairmont, West Virginia, and Integrated Financial Holdings in Raleigh, North Carolina, have terminated MVB’s proposed purchase of IFHI.
Podcast: Analyzing first-quarter earnings and 2023 annual meetings
First quarter earnings reports are done, and bank shareholder meetings are currently going on, and rarely have these activities been in the public spotlight as now in the wake of three significant bank failures.
TD, First Horizon cancel planned merger
TD of Toronto and First Horizon of Memphis, Tennessee, recently announced that they had mutually agreed to terminate their previously announced merger, originally announced in February.
Ohio, Kansas banks apply for acquisitions; First Financial to buy Harwood
Farmers Bank and Savings in Pomeroy, Ohio, has applied to acquire Nelsonville Home and Savings in Nelsonville, Ohio. In related news, The Bank in Oberlin, Kansas, has applied to acquire Gorham State Bank in Gorham, Kansas.
First Mid to acquire Blackhawk; Massachusetts mutuals to merge holding companies
First Mid Bancshares has agreed to purchase Blackhawk Bancorp; South Shore Bancorp to merge with 1831 Bancorp.
Longview Community Bank to purchase Bank of Chestnut
Longview Community Bank in Mount Pulaski, Illinois, has agreed to buy Bank of Chestnut in Chestnut, Illinois.
Podcast: How a community bank boosted its consumer mortgage program
How does a community bank whose bread and butter was mortgage lending make the business sustainable in a time when mortgages have increasingly moved to the nonbank sector?
Linkbancorp to purchase Partners
LINKBANCORP in Camp Hill, Pennsylvania, has agreed to buy Partners Bancorp in Salisbury, Maryland. The deal is expected to close in the third quarter.